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Cryptocurrency News Articles
Can Chainlink and Rollblock Outperform if Grayscale's Solana ETF Ambitions Steals the Spotlight?
Dec 15, 2024 at 09:30 pm
One of the hottest conversations in the crypto market as 2024 draws to a close is the potential addition of crypto exchange-traded funds (ETFs) to the existing Bitcoin and Ethereum spot ETFs.
Hottest crypto topics as 2024 ends include potential crypto ETF additions to existing Bitcoin and Ethereum spot ETFs. Considering its place as one of the top 5 cryptocurrencies, recent Grayscale news had SOL trending for its potential Solana ETF approval.
However, many other altcoins, like Chainlink (LINK), are also awaiting their spot ETF approvals from the Securities and Exchange Commission (SEC) by 2025. Interestingly, the SOL price has been decreasing while LINK has been increasing. But there’s also Rollblock, a new crypto sitting on the sidelines with its massive presale that has already raised nearly $7 million. Can it outshine SOL? Let’s find out.
Chainlink halfway to its all-time high: Can it keep up the momentum?
The LINK price has risen by nearly 90% in the last month, and the coin trades for about $26 at press time. This bullish trend among LINK investors is due to the whale accumulation in the broader crypto market in anticipation of a new altcoin season.
Furthermore, a recent strategic partnership between 21X and the Chainlink network to launch regulated trading and settlements of payments in Europe has made LINK more attractive to investors. However, the LINK price is still about 50% away from its 2021 all-time high of $52.99.
Grayscale files a new Solana ETF application, but SOL price regresses
Solana is one of this year’s best-performing cryptocurrencies, thanks to its massive ecosystem and wider adoption for payments and development. The SOL price peaked at $260 in late November 2024 as investors chased the coin at the height of the altcoin rally.
Moreover, crypto investors are anticipating a Solana ETF approval following recent Grayscale news that the company filed to convert its Grayscale Solana Trust (GSOL) into a spot ETF. However, the SOL price has been on a downturn, dropping to around $223 only a month after hitting $260.
Rollblock set to outshine LINK and SOL
If any altcoin is poised to challenge SOL better than Chainlink, it’s Rollblock. The new casino token has been making impressive moves since the launch of its presale, having already raised nearly $7 million 9 stages into its initial coin offering (ICO).
The success of the Rollblock presale can be attributed to the massive accumulation of the utility token by investors, which is part of an exciting casino project. The Rollblock casino is unique, offering players GambleFi opportunities to earn from online gambling and decentralized finance (DeFi) at the same time. To put it into perspective, there are hundreds of games to play on Rollblock for real-money winnings. However, there are also crypto investment features like revenue sharing and token staking.
The revenue-sharing system sees Rollblock token holders and players get a share of the casino’s weekly profits, and they can also stake their tokens for up to 30% annual percentage yield (APY) and enhance their bankroll with several bonuses, including rakeback offers and VIP rewards.
Conclusion
With loads of opportunities to make money actively through games and passively through other features, it’s no wonder that investors have been bullish on Rollblock. But there’s still a limited-time opportunity for interested investors to buy Rollblock at $0.041 per token in stage 9 before it increases by nearly 15% in the next stage.
Check out the exciting opportunities of the Rollblock (RBLK) presale today!Website | Socials
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